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Posted Sat Jul 3 2010: from SolveClimate:
IEA: $46 Trillion Roadmap for Halving Global Emissions a "Bargain"
Memo to the planet from the International Energy Agency: Buckle down and speed up the nascent low-carbon revolution. Top thinkers from the energy watchdog presented an ambitious 40-year pathway to halve the world's carbon emissions during a Thursday rollout at the National Press Club. Indeed, weaning the globe of its fossil fuel dependency will require ingenuity, cooperation and tens of trillions of dollars. But IEA maintains that bumping up investments in renewables, nuclear power and a smart electric grid, and perfecting technologies such as carbon sequestration are the most reasonable and reachable course available to keep Earth's temperature stable and arrest the severe impacts climate scientists agree are imminent--and already occurring.... In addition, the plan counts on the rather rapid maturation of a technology still in the test phases--carbon capture and sequestration. The catch is that IEA's proposal calls for constructing 30 new nuclear plants and outfitting 35 coal-fired plants with the technology to capture carbon emissions and bury them underground every year through 2050.
[Read more stories about: smart policy, low-energy future, efficiency increase, carbon sequestration]

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'Doc Jim says:
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